Five Things You Should Know about Ethiopia’s Budget Bill before Parliament

  1. It is the first in a decade to have a year-on-year increase of 25pc;
  2. No budget has ever seen a consolidated budgets deficit (52.1b Br) equivalent to this year’s;
  3. This is the fourth time that the consolidated budget deficit goes upwards of the three per cent ceiling EU’s Stability & Growth Pact agreed and taken as a standard across the world;
  4. With 12b Br allotment, this year’s bill has the first budget with SDGs as a budget line; and,
  5. Federal subsidies to regional states (76.8b Br) is the budget line that sees the highest annual growth (49pc).

Published on Jun 17,2015 [ Vol 16 ,No 789]



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